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7588 N Broadway 1,959 SF Retail Building Red Hook, NY 12571 $1,085,657 CAD ($554.19 CAD/SF)



Investment Highlights
- Turnkey, fully updated space with major improvements to the kitchen, bar, dining area
- Ample on-site parking
- Prime Village of Red Hook location in the General Business District with strong visibility
Executive Summary
An exciting opportunity to bring your restaurant vision to life in the Village of Red Hook, this thoughtfully updated space is ready to support a wide range of culinary concepts in one of the Hudson Valley's most sought-after communities. Extensive recent improvements have enhanced the kitchen, bar, dining area, and mechanical systems, creating a modern, efficient environment designed for smooth day-to-day operations. The layout offers a natural flow for both staff and guests, making it easy to deliver a seamless dining experience from front of house to the kitchen. A large lower level provides additional functionality, featuring abundant storage, a walk-in freezer, and a private office, allowing for organized operations and dedicated workspace behind the scenes. Situated in the Village's General Business District, the location offers strong visibility and proximity to local community destinations. The property also includes ample on-site parking, a rare and valuable convenience for patrons. Offered with all existing furnishings, fixtures, and equipment, this turnkey space allows for a smooth transition, whether continuing a successful concept or introducing something entirely new. With its combination of recent updates, practical layout, and prime location, this is an outstanding opportunity to establish a standout dining destination in the heart of Red Hook.
Taxes & Operating Expenses (Actual - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$13,635
|
$6.96
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$13,635
|
$6.96
|
Taxes & Operating Expenses (Actual - 2026)
| Taxes (CAD) | |
|---|---|
| Annual | $13,635 |
| Annual Per SF | $6.96 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $13,635 |
| Annual Per SF | $6.96 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,959 SF
Building Class
B
Year Built
2022
Price
$1,085,657 CAD
Price Per SF
$554.19 CAD
Building Height
1 Story
Building FAR
0.16
Lot Size
0.28 AC
Zoning
GB - General Business District
Parking
21 Spaces
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 134801-6272-07-506847-0000 | Total Assessment | $601,799 CAD (2025) |
| Land Assessment | $99,598 CAD (2025) | Annual Taxes | $13,635 CAD ($6.96 CAD/SF) |
| Improvements Assessment | $502,201 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
134801-6272-07-506847-0000
Land Assessment
$99,598 CAD (2025)
Improvements Assessment
$502,201 CAD (2025)
Total Assessment
$601,799 CAD (2025)
Annual Taxes
$13,635 CAD ($6.96 CAD/SF)
Tax Year
2026
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7588 N Broadway
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